PSS Secured New Coal Transport Service Contract with 2 Million metric tons Volume per year at US$18 M

The Company is optimistic that the minimum volume guarantee of 2 million metric tons per year will be achieved in accordance with the agreed contract.…See Details...

January 14, 2018

Panjang Enjoyed a 17% Container Throughput Growth in 2017

The 'Sea Toll' bigger tonnage vessels that started operation during the year had provided significant contribution to the total shipcalls' GT.…See Details...

January 14, 2018

JICT Productivity Drop Causes Massive  Vessel Delay

JICT vice president director Riza Ervian affirmed such situation, but said that was only temporary during the adaptation period. He said the situation will come normal soon, at least in February.…See Details...

January 09, 2018

Biggest Stories from The Global Shipping Industry in 2017

The year of 2017 has just passed. For the shipping industry, the year is not only the picture for how this shipping will go in 2018, but it has created the future of the shipping industry. Some milestones have actually taken place during the year. …See Details...

January 08, 2018

Freight Rate Rose Significantly in Early Days of 2018, SCFI Says

​Coming to the new year of 2018, the freight rate rose at any routes, according to the SCFI (Shanghai Containerised Freight Index). Asia-North Europe spot prices have made a modest recovery, with average rates rising 8% to $864 per teu, while the Asia-Mediterranean trade saw a 23.8% jump in spot rates to $738 per teu. But the more significant development has been transpacific prices increases of more than 20% ahead of the transpacific contract season.…See Details...

January 04, 2018

What Are Six Commodities Getting Import Relaxation in 2018?

Ministry of Trade has just released draft regulations to relax import procedures and requirements for six types of commodities …See Details...

December 29, 2017

PROTESTING JICT OPERATORS LAY-OFF, UNIONS STARTING RALLY, THREATENING TO BLOCKADE THE PORT IF STILL DEADLOCK

More than 1,000 transport workers from several unions joint the rally (demonstration) in front Jakarta International Container Terminal (JICT) office today (December 28) on demanding to cancel the JICT decision to lay-off more than 400 RTGC (rubber tyred gantry crane) operators…See Details...

December 28, 2017

Rickmers-Line Appoints Merchant Shipping Services as Agent in India

Rickmers-Line, a company of Bremen-based Zeaborn Group, has appointed Merchant Shipping Services Pvt. Ltd. in Mumbai as its new agent in India as of 1 January 2018. Merchant Shipping Services has offices all over India and will take over all operational and sales activities for the project - and heavy-lift liner services of Rickmers-Line performed by RZ Carrier. The Mumbai-office of Merchant Shipping Services will be the focal point of entry for all commercial inquiries concerning Rickmers-Line business. …See Details...

December 27, 2017

Unions Stand Against the JICT Policy to Lay-off 400 Crane Operators

​As many as 10,000 workers from some transportation labor unions stand against the Jakarta International Container Terminal (JICT) policy to lay-off as many as 400 crane operators, following its decision to appoint new vendor – PT. Multi Tally Indonesia (MTI) – to replace the existing one – PT Emco as the outsourcing management party to for crane and other container terminal’s equipments operator at JICT. …See Details...

December 27, 2017

JICT CSR IN EDUCTION HELPS THOUSANDS OF BENEFICIARIES

After running contineously and sustainably for ten years, there is evidence to say that the JICT CSR programs in education, including the programs of pre-school (PAUD), have helped thousands of beneficiaries in North Jakarta.…See Details...

December 25, 2017